Global stocks gain as Greece passes austerity bill

TOKYO - Asian shares and the euro gained on Monday after Greece came a step closer to securing a much-needed bailout fund and avoiding a messy default, though most of the recent optimism appeared to have been already priced in. | Video

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Peer-to-peer job sites inspire micro-entrepreneurs

- Chris Mok, like many Americans over the past few years, lost his job in the wake of the Great Recession.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Peter J. Solomon says not hired by Children's Place

NEW YORK | Fri Oct 12, 2007 1:06pm EDT

NEW YORK (Reuters) - Peter J. Solomon Co said on Friday that Children's Place Retail Stores Inc (PLCE.O) had not hired the mergers and acquisitions advisory firm, disputing a Fortune magazine story that had sent the chain's shares higher.

The magazine reported that Children's Place had hired the firm to put it up for sale, citing two people familiar with the company's plans. But Solomon spokeswoman Diane Coffey said the firm was not hired.

Officials at Children's Place were not immediately available to comment.

Shares of Children's Place, which sells clothing for babies and children, were up 4.4 percent at $23.75. Earlier the stock had been up as much as 12 percent.

(Reporting by Michael Flaherty, additional reporting by Martinne Geller)
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